The Abu Dhabi National Oil Company (ADNOC) has awarded the exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by Eni Abu Dhabi, a subsidiary of Italy’s Eni, and PTTEP MENA, a subsidiary of Thailand’s PTT Exploration and Production
Exploration & Production
Chariot Oil & Gas negotiates new licence in Morocco
Chariot Oil & Gas, the Africa-focused energy company, has negotiated the key terms of a new licence, Rissana Offshore, in Morocco
Occidental wins exploration rights for Abu Dhabi Onshore Block 5
The Abu Dhabi National Oil Company (ADNOC) has signed an exploration concession agreement, awarding the exploration rights for Abu Dhabi Onshore Block 5 to Occidental, a US-based international oil and gas exploration and production company
ADNOC awards US$519mn 3D seismic survey contract
The Abu Dhabi National Oil Company (ADNOC) has announced the award of a contract worth up to US$519mn (AED1.9bn) to further expand the scope of the three-dimensional (3D) onshore and offshore seismic survey underway in the Emirate of Abu Dhabi
New oil discoveries made in Abu Dhabi
The UAE’s Supreme Petroleum Council (SPC) has announced the discovery of substantial recoverable unconventional oil resources located onshore, estimated at 22 billion stock tank barrels (STB), and an increase in conventional oil reserves of two billion STB in the Emirate of Abu Dhabi